5, MEDWAY CLOSE, WISBECH, PE13 2LA - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MEDWAY CLOSE is a detached house, which could now be worth an estimated £290,041. It was last sold for £170,000 in April 2014, which was around 7% below the average April 2014 detached price in the Fenland local authority area.

5 MEDWAY CLOSE Sold Prices

Land registry data shows one sale for 5 MEDWAY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Fenland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 4 APR	£170,000	£182,710	7% below HPI

What might 5 MEDWAY CLOSE be worth now?

5 MEDWAY CLOSE might now be worth an estimated £290,041.

This is based on house price inflation of 70.6%, between April 2014 and May 2026, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.6% inflationary increase is applied to the most recent sale price for 5 MEDWAY CLOSE of £170,000 on 4th April 2014. For the value to have increased from £170,000 to £290,041 over the eleven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 MEDWAY CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The April 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEDWAY CLOSE has not materially changed since April 2014.

Where is 5 MEDWAY CLOSE?

5 MEDWAY CLOSE is located in WISBECH, in the PE13 postcode district.